Finance Bulletin

August 2002

Economic Update

California continued to amble along in July with a slightly better employment picture. The public sector still appears to be carrying the load however. Construction and real estate activity continued to slow from last year’s pace.

  Home Sales Slow

Monthly Cash Report

Preliminary General Fund agency cash for July was $42 million below the 2002-03 May Revision forecast of $3.859 billion.

General Fund Agency Cash
2002-03 May Revision Forecast

2002-03 Comparison of Actual and May Revision
Forecast Agency General Fund Revenues

For more information, please contact the California Department of Finance, Room 1145, State Capitol, Sacramento, CA or call (916) 323-0648.

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